Grunewald Ministries Inc
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$340,917
Contributions
>99%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$351,214
Salaries & Benefits
53%
Other
44%
Fees to Service Providers
3%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Offices, Occupancy & IT
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$304,982
$340,652
+12%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$308
$265
-14%
Other
$0
$0
-
Total Revenues
$305,290
$340,917
+12%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$158,994
$185,147
+16%
Fees to Service Providers
$18,957
$10,258
-46%
Advertising & Promotion
$69
$17
-75%
Offices, Occupancy & IT
$1,046
$0
-100%
Interest
$396
$705
+78%
Depreciation
$0
$0
-
Other
$149,419
$155,087
+4%
Total Expenses
$328,881
$351,214
+7%
Net income
2023
2024
Change
Net income
-$23,591
-$10,297
+56%
Functional Expenses
Summary
2023
2024
Change
Program
$305,859
$326,632
+7%
Admin
$16,445
$17,559
+7%
Fundraising
$6,577
$7,023
+7%
Total Expenses
$328,881
$351,214
+7%
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